FTX Victims Pursue Asset Recovery through Criminal Forfeiture
Various factions are currently in a legal battle over the assets associated with the criminal case against Sam Bankman-Fried, the former CEO of FTX, who...
Terraform Labs Halts, Terra Community Takes Lead
Chris Amani, the CEO of Terraform Labs, recently announced that the company will be shutting down its operations. This decision comes in the wake of...
OKX Probes Multimillion Theft After SIM Swap Attacks
A significant security breach is under investigation by the cryptocurrency exchange OKX and their security ally, SlowMist, following a multi-million-dollar theft involving two user accounts....
SushiSwap Unveils ‘Labs’ and Multitoken Ecosystem
After several months of intense discussions, the decentralized exchange SushiSwap has unveiled a revamped brand and business model for its ecosystem. Rebranded as Sushi Labs,...
Investors Launch First Civil Suit Against JPEX, Anticipate More
Two individuals have initiated a civil lawsuit against the cryptocurrency trading firm JPEX and several other parties. The lawsuit accuses JPEX of engaging in fraudulent...
Ether ETF Approvals Will ‘Take Time’ — Gensler
Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), has indicated the potential for delays in granting final approvals for asset...
Japanese Crypto Exchange Secures $320M for Post-Hack Recovery
DMM Bitcoin, a prominent Japanese cryptocurrency exchange, was recently compromised in a significant security breach, resulting in the loss of $320 million worth of Bitcoin...
OKX Launches Crypto Exchange and Wallet in the Netherlands
The prominent international cryptocurrency trading platform, OKX, has officially launched operations in the Netherlands, unveiling a local trading platform and a Web3 wallet. The announcement...
US Navy Introduces ‘PARANOID’ Blockchain Tech to Private Sector
The United States Navy is actively looking for partners from the private sector to join in a cooperative research and development agreement (CRADA). This partnership...
Bybit Overhauls Exec Team After $26M Airdrop Fiasco
A series of internal changes has occurred at the cryptocurrency exchange Bybit following a significant mishap involving an airdrop, culminating in over $26 million in...